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Technology Stocks : IFLY - travel sales on the web pure play -- Ignore unavailable to you. Want to Upgrade?

To: JeffA who wrote (2838)	12/22/1998 11:12:00 AM
From: John Martin	Read Replies (1) \| Respond to of 4761

At this point, if the warrants dropped to $1, I would be backing up the truck. I truely doubt that the warrant are going to go that low. Hold on and have faith. Happy Holidays! John

To: JeffA who wrote (2838)	12/22/1998 5:11:00 PM
From: PHG	Read Replies (1) \| Respond to of 4761

I might have been considered a long, for 5 months I purchased 24,000 warrants. My average was 1.875 and in the last 2 weeks I sold them all in small groups at an average of $2.50. I can't believe Iflyw could see $1.00 again without some sort of a crash. If it happened I would buy 10,000 warrants. I'm not a believer that IFLY is even close in theory to any of the Internet stocks. And based on the performance so far of management I think it will be some time before they are taken seriously as a competitor. They are healthy and growing, but at a slow pace. When a company is as small as IFLY, increases in % points are misleading. A ground force in wartime is rated by their share numbers and positioning. This isn't wartime but the battle is being waged now and IFLY is still organizing the army. Potential market value is projection base on numbers much like an armies potential. Really trying to be objective, Phil